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    Property profile & analytics

    640 Ovid St Elsie, MI 48831

    • Warehouses
    • 22,560 SF
    • 6.69 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2336520
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 640 Ovid St

    Year built
    1960
    Lot size
    6.69 lot acres
    Property size
    22,560 SF
    Zone code
    A-2
    Property type
    Warehouses
    APN
    060-012-200-060-00
    APU
    6001220006000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elsie
    County
    Clinton
    State
    Michigan
    Longitude
    -84.3866
    Latitude
    43.0968
    CBSA code
    29620
    CBSA name
    LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $2,733
    $25,800
    $47,900
    $73,700
    -
    $51,600
    $95,800
    $147,400

    Comparable in this City

    • Value Estimation by Request
      5,204 SF

      Elsie, MI 48831

      WAREHOUSE, STORAGE • 5,204 SF
      Elsie, MI 48831
      View Details
    • Value Estimation
      $275,000
      4,200 SF

      513 Ovid St

      MINI-WAREHOUSE, STORAGE • 4,200 SF
      513 Ovid St, Elsie, MI 48831-9622
      View Details
    • Value Estimation by Request
      2,117 SF

      124 Main St

      WAREHOUSE, STORAGE • 2,117 SF
      124 Main St, Elsie, MI 48831
      View Details
    • Value Estimation by Request
      5,436 SF

      527 Ovid St

      WAREHOUSE, STORAGE • 5,436 SF
      527 Ovid St, Elsie, MI 48831-9622
      View Details
    • Value Estimation by Request
      3,300 SF

      460 Ovid St

      WAREHOUSE, STORAGE • 3,300 SF
      460 Ovid St, Elsie, MI 48831
      View Details
    • Value Estimation by Request
      864 SF

      566 Ovid St

      WAREHOUSE, STORAGE • 864 SF
      566 Ovid St, Elsie, MI 48831
      View Details
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    640 Ovid St
    Elsie, MI 48831
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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